Reopening and re-spikes

It was a long week for me and I crashed hard over the weekend. My body is telling me that it’s tired and I need to get some rest. I’m going to try to keep my hours down this week and then take a few days off during the 4th weekend. We’ll see how that goes this week.

Given the events of the last few weeks, people seemingly forgot that we are still in the middle of a global pandemic. Not anymore.

The country’s cases are quickly rising and it seems almost inevitable right now that we’re headed for another shut down in most states sooner than later.

The optimism of the reopening resulting in the fast market rebound is now in peril. I am hoping we can get lucky with the virus. Perhaps the summer months can help slow the spread. Perhaps once the dust settles, we find that it’s not as deadly as we thought. Maybe medicine will be developed and prove helpful in fighting the disease.

Unfortunately, I’m not as optimistic as some may be. Health experts are warning of dire consequences in the coming month and I have learned to not go against the science or data.

I sold some stocks on Friday and will be playing defensive until the dust settles. I hope we can get lucky, but I’m not getting my hopes up.